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NASDAQ:FTEL

Fitell (FTEL) Stock Price, News & Analysis

$9.57 +3.77 (+65.00%)
(As of 12/23/2024 05:45 PM ET)

About Fitell Stock (NASDAQ:FTEL)

Key Stats

Today's Range
$6.00
$10.94
50-Day Range
$5.27
$38.39
52-Week Range
$0.88
$49.50
Volume
745,689 shs
Average Volume
333,113 shs
Market Capitalization
$192.58 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

Fitell Corporation, together with its subsidiaries, operates as an online retailer of gym and fitness equipment for personal training studios and commercial gyms chains in Australia and Southeast Asia. The company sells fitness equipment, including home gym and commercial strength-training equipment; and cardio equipment, such as rowing machines, exercise bikes, treadmills, and other related products under the Muscle Motion, Rapid Motion, and FleetX brand names. It is also involved in the boutique fitness clubs licensing business. The company sells its products through its online website and offline business, such as phone, e-mail, and showroom sales. Fitell Corporation was founded in 2007 and is headquartered in Taren Point, Australia. Fitell Corporation is a subsidiary of SKMA Capital and Investment Ltd.

Fitell Stock Analysis - MarketRank™

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0th Percentile Overall Score

FTEL MarketRank™: 

Fitell scored higher than 0% of companies evaluated by MarketBeat, and ranked 178th out of 178 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    There is not enough analysis data for Fitell.

  • Price to Book Value per Share Ratio

    Fitell has a P/B Ratio of 21.27. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    14.05% of the float of Fitell has been sold short.
  • Short Interest Ratio / Days to Cover

    Fitell has a short interest ratio ("days to cover") of 6.9.
  • Change versus previous month

    Short interest in Fitell has recently increased by 0.85%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Fitell does not currently pay a dividend.

  • Dividend Growth

    Fitell does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    14.05% of the float of Fitell has been sold short.
  • Short Interest Ratio / Days to Cover

    Fitell has a short interest ratio ("days to cover") of 6.9.
  • Change versus previous month

    Short interest in Fitell has recently increased by 0.85%, indicating that investor sentiment is decreasing.
  • News Coverage This Week

    MarketBeat has tracked 19 news articles for Fitell this week, compared to 0 articles on an average week.
  • Search Interest

    41 people have searched for FTEL on MarketBeat in the last 30 days. This is an increase of 28% compared to the previous 30 days.
  • MarketBeat Follows

    1 people have added Fitell to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Fitell insiders have not sold or bought any company stock.

  • Percentage Held by Institutions

    Only 0.10% of the stock of Fitell is held by institutions.

  • Read more about Fitell's insider trading history.
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FTEL Stock News Headlines

Fitell Corp trading halted, volatility trading pause
Could This Tiny Device Help You Make an Extra $30k a Year?
I believe it’s going to power Elon Musk’s next AI revolution… A revolution he believes will be worth more than $9 trillion. That’s nearly 10 times more money than the market caps of Tesla… SpaceX… PayPal… Neuralink… and X… COMBINED.
Fitell Corporation (FTEL)
See More Headlines

FTEL Stock Analysis - Frequently Asked Questions

Fitell's stock was trading at $1.53 at the beginning of the year. Since then, FTEL shares have increased by 525.5% and is now trading at $9.57.
View the best growth stocks for 2024 here
.

Fitell (FTEL) raised $16 million in an IPO on Tuesday, August 8th 2023. The company issued 3,000,000 shares at $5.00-$6.00 per share. Revere Securities and R.F. Lafferty & Co. served as the underwriters for the IPO.

Shares of FTEL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Fitell investors own include Super Micro Computer (SMCI), QMMM (QMMM), AutoZone (AZO), Intel (INTC), Primech (PMEC), TJX Companies (TJX) and Warrior Gold (WAR).

Company Calendar

Today
12/24/2024
Fiscal Year End
6/30/2025

Industry, Sector and Symbol

Industry
Sporting & athletic goods, not elsewhere classified
Sub-Industry
Recreation
Current Symbol
NASDAQ:FTEL
Previous Symbol
NASDAQ:FTEL
Fax
N/A
Employees
11
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$4.47 million
Book Value
$0.45 per share

Miscellaneous

Free Float
N/A
Market Cap
$192.58 million
Optionable
Not Optionable
Beta
6.57
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This page (NASDAQ:FTEL) was last updated on 12/24/2024 by MarketBeat.com Staff
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